-35.14% percent quarterly performance for First Solar Inc (FSLR) is not indicative of the underlying story

First Solar Inc (NASDAQ: FSLR) kicked off on Tuesday, down -4.28% from the previous trading day, before settling in for the closing price of $133.03. Over the past 52 weeks, FSLR has traded in a range of $124.96-$306.77.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Technology Sector giant saw their annual sales surged by 7.88% over the last five years. While this was happening, its average annual earnings per share was recorded 52.13%. With a float of $99.58 million, this company’s outstanding shares have now reached $107.06 million.

The firm has a total of 8100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 44.06%, operating margin of 34.13%, and the pretax margin is 33.43%.

First Solar Inc (FSLR) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of First Solar Inc is 6.99%, while institutional ownership is 90.83%. The most recent insider transaction that took place on Mar 17 ’25, was worth 30,629. In this transaction Chief Commercial Officer of this company sold 229 shares at a rate of $133.75, taking the stock ownership to the 52,836 shares. Before that another transaction happened on Mar 17 ’25, when Company’s Chief Financial Officer sold 599 for $133.75, making the entire transaction worth $80,116. This insider now owns 45,717 shares in total.

First Solar Inc (FSLR) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.16 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 52.13% per share during the next fiscal year.

First Solar Inc (NASDAQ: FSLR) Trading Performance Indicators

Take a look at First Solar Inc’s (FSLR) current performance indicators. Last quarter, stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.02, a number that is poised to hit 2.60 in the next quarter and is forecasted to reach 25.82 in one year’s time.

Technical Analysis of First Solar Inc (FSLR)

Analysing the last 5-days average volume posted by the [First Solar Inc, FSLR], we can find that recorded value of 2.36 million was lower than the volume posted last year of 2.72 million. As of the previous 9 days, the stock’s Stochastic %D was 33.16%. Additionally, its Average True Range was 7.46.

During the past 100 days, First Solar Inc’s (FSLR) raw stochastic average was set at 2.47%, which indicates a significant decrease from 6.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.95% in the past 14 days, which was higher than the 51.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $160.54, while its 200-day Moving Average is $204.95. Now, the first resistance to watch is $131.01. This is followed by the second major resistance level at $134.67. The third major resistance level sits at $137.34. If the price goes on to break the first support level at $124.67, it is likely to go to the next support level at $122.00. Should the price break the second support level, the third support level stands at $118.34.

First Solar Inc (NASDAQ: FSLR) Key Stats

The company with the Market Capitalisation of 13.63 billion has total of 107,062K Shares Outstanding. Its annual sales at the moment are 4,206 M in contrast with the sum of 1,292 M annual income. Company’s last quarter sales were recorded 1,514 M and last quarter income was 393,120 K.